Pair trade from Citi: Long Och-Ziff, short WisdomTree

Och-Ziff Capital (OZM) is generating faster organic growth while trading at a "substantially cheaper" valuation than WisdomTree (WETF), says Citi.

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  • Jason Philpott
    , contributor
    Comments (6) | Send Message
    OZM is trading at a cheaper valuation because WETF is an ETF manager that can and is scaling rapidly. Not sure how they justify this pair trade because they have completely different business models, it is almost as if Citi is basing this purely on PE ratio.
    11 Jun 2014, 10:55 AM Reply Like
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